Malaysia tightens management of online sales
Malaysia’s Domestic Trade, Cooperatives and Consumerism Ministry has forced online sellers to display all necessary information that buyers would want to know before making any transactions.
Malaysia’s Domestic Trade, Cooperatives and Consumerism Ministry has forced online sellers to display all necessary information that buyers would want to know before making any transactions (Source: Forbes)Kuala Lumpur (VNA) – Malaysia’s Domestic Trade, Cooperatives and Consumerism
Ministry has forced online sellers to display all necessary information that
buyers would want to know before making any transactions.
Online sellers, including those plying their trade on social media like Facebook and Instagram, will come under scrutiny as close as conventional retailers.
They must display information relating to full prices of their goods and services, including taxes, transportation and other costs; name of the person operating the business or the company and business name; and business or company registration number.
Other compulsory information includes email address, telephone number or address of the person running the business; description of main characteristics of goods and services; methods of payment; terms and conditions; and estimated delivery time.
Individuals running online businesses without observing the aforesaid requirements could be slapped with a fine of up to 50,000 RM (11,680 USD) or face a jail term of not more than three years, or both.-VNA
Online sellers, including those plying their trade on social media like Facebook and Instagram, will come under scrutiny as close as conventional retailers.
They must display information relating to full prices of their goods and services, including taxes, transportation and other costs; name of the person operating the business or the company and business name; and business or company registration number.
Other compulsory information includes email address, telephone number or address of the person running the business; description of main characteristics of goods and services; methods of payment; terms and conditions; and estimated delivery time.
Individuals running online businesses without observing the aforesaid requirements could be slapped with a fine of up to 50,000 RM (11,680 USD) or face a jail term of not more than three years, or both.-VNA
You should also see
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
See more
World
Thai central bank intervenes to stabilise currency
The Bank of Thailand (BoT) said it has intervened in currency markets at times to ease any excessive moves in the THB, adding that the current policy rate is robust and conducive to economic recovery, reported the Bangkok Post.
World
Vietnam appeals for maximum self-restraint, end to hostilities in Middle East
A representative of Vietnam appealed to all the parties concerned to exercise maximum self-restraint and to end hostilities, while addressing a United Nations Security Council (UNSC) open debate on the Middle East and Palestine situation on March 25.
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
